https://www.vox.com/2019/3/28/18285346/maryland-passes-15-minimum-wage

RIP me

oof

arent price floors a wonderful thing?

They overrode my guy Hogan's veto 😡

especially when the equilibrium price point is below the floor

Lol, imagine living in Maryland

fucking econ 101 could help so many ppl

And if you notice, there seems to be over-representation in that picture.......

I was about to say, holy shit BigTravis is using entry level Econ terms now.

all the fat black women? lol

Also lol at Obama being the worst president

lol exactly @wolfman1911

😂 😂 😂 😂 😂 😂

entry level econ goes a long way 😛

Say morbidly obese

^

It sounds worse

I wish I'd taken more economics classes, but the truth is that my minor didn't require anything better than a D in Econ 1.

i took it to satisfy the social sciences general education requirement. so it was my way of getting out of having to take gender studies or other bs social sciences

took macro and micro econ

Why stop at 101?

Make everyone learn how to do Cobb–Douglas

Then they will pray for death

Lol

I wish I'd done that. Instead when I had to deal with that, I took sociology, and psychology with a teacher that wrote the book.

that doesnt look that bad @SpanishAbbey

just has some eigenvalues in it

but im CompSci lol so ive had my fair share of math

It's not bad if you aren't an idiot lol

elasticity is another good thing for ppl to learn

Exactly

you cant always tax certain things to death

businesses will not absorb all the costs

Exactly. Cobb-Douglas requires info about labor and capital as well

It's a good intro

yea i was looking at that. pretty neat formula

I will have you know @Big T, if we just tax a bit more, we can fix every problem the world has!

@Shadows yea fuck the laffer curve lol

tho thats for income, but still lol

whenever ppl talk about illegal immigration as being a net positive to GDP, i always love throwing out that slavery is also a net positive to GDP. labor costs are fixed under slavery.